Arnab Das, Global Macro Strategist, Invesco EMEA, says an industrial revolution is taking place within which AI has a very important role, That is going to continue. There is possibly a significant amount of hype, and maybe some over-hyping around it. Nevertheless, it is an important change. It is, eventually going to increase productivity and … Read more
Genesys International Corporation, a provider of advanced mapping services, is in advanced talks to secure an order worth Rs 150-200 crore from two leading original equipment manufacturers (OEMs) in India to provide AI-powered navigational maps and connected car solutions, according to sources familiar with the matter. The formal announcement of the order is expected in … Read more
At first glance, a recent batch of research papers produced by a prominent artificial intelligence lab at the University of British Columbia in Vancouver might not seem that notable. Featuring incremental improvements on existing algorithms and ideas, they read like the contents of a middling AI conference or journal. But the research is, in fact, … Read more
ET Intelligence Group: The stock of Sonata Software, a mid-tier IT company, has lost 18% in August so far after the company’s subdued June quarter performance due to delay in large deals. While it is likely to face challenges in the current quarter as well, Sonata expects to post better numbers in the second half … Read more
In late July, OpenAI began rolling out an eerily humanlike voice interface for ChatGPT. In a safety analysis released today, the company acknowledges that this anthropomorphic voice may lure some users into becoming emotionally attached to their chatbot. The warnings are included in a “system card” for GPT-4o, a technical document that lays out what … Read more
Ahead of the June quarter earnings season in which IT majors managed to beat Street expectations led by significant improvements in the BFSI sector, mutual fund managers were smart enough to buy IT stocks even as FIIs sold. June quarter shareholding pattern shows that MFs raised stake in Infosys by 116 bps to 19.09%. The … Read more
“One of the things that they are pointing to and Mr Dudley mentioned, is the rise in credit card delinquencies. But those people who are delinquent are lower middle class, a little bit of the middle class,” says Mark Matthews, Julius Baer.What is your sense of the kind of fall that we have seen on … Read more
Dr Michael Mosley has been “deepfaked” to promote health scams just weeks after his tragic death. A British Medical Journal (BMJ) investigation has uncovered alarmingly realistic AI-created ‘deepfake’ videos on social media featuring Dr Mosley, Dr Hilary Jones, and Dr Rangan Chatterjee. Dr Mosley, whose untimely death occurred on the Greek island of Symi in … Read more
OpenAI today announced a cut-price “mini” model that it says will allow more companies and programs to tap into its artificial intelligence. The new model, called GPT-4o mini and available starting today, is 60 percent cheaper than OpenAI’s most inexpensive existing model while offering higher performance, the company says. OpenAI characterizes the move as part … Read more
OpenAI has faced opprobrium in recent months from those who suggest it may be rushing too quickly and recklessly to develop more powerful artificial intelligence. The company appears intent on showing it takes AI safety seriously. Today it showcased research that it says could help researchers scrutinize AI models even as they become more capable … Read more
